This is the first conversion which is a little harsher than the second conversion to be posted in a couple of days. Notice how the blacks are pretty deep, but the image doesn't have any burnt out highlight, which is an impotant factor for me when selecting a camera.
Quite a few of the new digital cameras have a habit of burning out the highlights which is something everybody should be looking for. In general I tend to underexpose my images by about 0.3EV. I'm just careful about my highlights and if I do get an image where detail has been lost, I'll delete instantly (unless the image should be in high key).